TITLE XXVII
CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS

CHAPTER 296
DIVIDEND-PAYING CORPORATIONS

Individual Liability of Stockholders and Officers

Section 296:29

    296:29 Inclusions. – The officers and stockholders of corporations whose object is a dividend of profits, except banks, building and loan associations, and corporations organized under or adopting the provisions of RSA 294, shall be individually liable for the debts and contracts of the corporation, in the cases and to the extent specified in this chapter, and not otherwise.

Source. 1846, 321:2. CS 147:1. GS 135:1. GL 149:1. PS 150:1. PL 228:1. RL 277:1.